Prior Information Notice (PIN) associated with PMC UL0839 for the provision of Student accommodation on University of Limerick land and immediately adjacent.

Description

The University of Limerick wishes to engage with well established Developers/Investors suitably qualified with an interest in developing accommodation schemes of 250+ bedrooms to be sold or leased to UL on a long term basis on University lands or immediately adjacent. Lot 1: The University of Limerick wishes to engage with well established Developers/Investors suitably qualified with an interest in developing accommodation schemes of 250+ bedrooms to be sold or leased to UL on a long term basis on University lands or immediately adjacent. A very broad outline of UL’s requirements is as follows:. . (a) Accommodation for up to 750 students in an apartment block, low/high rise settings across one or multiple sites with ancillary support services. We have a site suitable for a high-rise, high-density development (subject to panning permission) which could potentially cater for 750 students in one development. We are open to market feedback on potential solutions. . (b) It is a distinct advantage if these requirements could be met in the next 2.5 to 3 years.. . . (c) A minimum of 250 students need to be accommodated in any solution presented and accommodate up to 750 students.. . (d) Any accommodation provided on a leasehold basis must be provided on a long lease to UL. Property would need to move to University of Limerick ownership following the end of any lease agreement. . .